Statistics

Work Opportunity Tax Credit historical data and statistics, listed by Target Group. What this data shows us, is not just the increases or decreases in participation, this shows how the changes in the economy over time and how this leads to a need for newly created or expired target groups. This shows how much money[…]

The Tennessee Department of Labor and Workforce Development (TDLWD) released updated WOTC statistics. The state continues to issue a record number Work Opportunity Tax Credits (WOTC) to business owners across the state. A streamlined, modernized application process makes it easier for employers to take advantage of this beneficial tax credit. Between January and October 2017, TDLWD[…]

The great state of Mississippi has provided CMS with WOTC statistics for the past several years. Data is listed by Fiscal year, as displayed below. What I enjoy about these reports is that you can see there has been an almost 50% increase in employer participation over the past six years, which means employers are[…]

The state of Massachusetts Department of Career Services has provided CMS with its Work Opportunity Tax Credit statistics for 2012 through 2017. Between January and June of 2017 the Bay state has issued 13,604 Work Opportunity Tax Credit certifications to employers who hired individuals from certain target groups. This puts Massachusetts on the path to[…]

The state of Utah’s Department of Workforce Services has provided CMS with its Work Opportunity Tax Credit statistics by target group for 2015 and 2016. The Work Opportunity Tax Credit (WOTC) is a federal tax credit incentive that Congress provides to employers that hire individuals from target groups who have consistently faced significant barriers to[…]

State of Kentucky issued 30 percent more Workforce Opportunity Tax Credits to employers in fiscal year 2017 The Kentucky Career Center (KCC) reports this week that they have issued 53,398 Workforce Opportunity Tax Credits (WOTC) to Kentucky employers during fiscal year (FY) 2017, a 30 percent increase from the 41,098 issued in FY 2016, according[…]

Your WOTC account allows you to view detailed up-to-date information in real time. Track each submission, and make sure you’re not missing any new hires. In addition, you can track the value of your certifications on your new WOTC Dashboard. This is a date-range report that will give you an overview of your activity. The[…]

After the state of Tennessee reported their record-breaking year last week, we reached out to them for some more information. The state reports the following statistics over the past five years: Year Number of Certifications Tax Credits Average Tax Credit 2017 (Jan-June) 83,414 $215,530,000.00 $2,583.85 2016 85,448 $225,395,200.00 $2,637.80 2015 28,169 $78,569,400.00 $2,789.21 2014 52,983[…]

Free Webinar and Consult With WOTC Experts Learn how to take full advantage of your WOTC Tax Credits. Call CMS toll-free at 1-800-517-9099 or fill in the form below to speak to a WOTC expert. On an annual basis State Workforce Agencies (SWAs) must report their Work Opportunity Tax Credit volume to the Department of[…]